Mike Wheatley
Latest from Mike Wheatley
SpaceX hopes to raise $75B when world’s biggest-ever IPO lifts off next week
Elon Musk’s Space Exploration Technologies Corp. said today it’s hoping to raise a staggering $75 billion when it goes public later this month, setting the stage for what would be the largest stock market debut in history. The haul puts Musk on course to become the world’s first trillionaire, based on the estimated value of ...
Broadcom revenue miss stuns Wall Street, and its stock sinks after-hours
Updated with Thursday stock price: Shares of the chipmaker Broadcom Inc. came crashing down to Earth in late trading today after it reported weaker-than-expected second-quarter revenue. The stock fell a bit initially, and then much more after Chief Executive Hock Tan declined to raise the company’s full-year guidance for artificial intelligence chip sales beyond the ...
Sema4.ai’s autonomous agent-building platform gets simpler to use, adds deeper business context and more
Sema4.ai Inc. a startup that provides tools for building and managing artificial intelligence agents, today announced a massive revamp of its platform, with big changes coming to every layer of the agent development stack. The refreshed platform will improve everything from the way agents are built to how they capture and understand business context and ...
With new Majorana 2 quantum chip, Microsoft claims dramatic breakthrough in qubit stability
Microsoft Corp. today announced an updated chip for quantum computing called Majorana 2 that it says is 1,000 times more reliable in terms of qubit stability. According to the company, it opens the door to a much faster path toward building commercially viable quantum computers. Intriguingly, Microsoft said it developed the new chip with the assistance ...
RelationalAI beefs up its reasoning capabilities to enhance AI agent decision-making
Enterprise decision intelligence startup RelationalAI Inc. is advancing its capabilities for Snowflake Inc.’s AI Data Cloud platform. At Snowflake Summit 2026 today, it announced a series of updates that aim to provide artificial intelligence agents with the context, reasoning and post-training they need to autonomously make smarter business decisions. The company said its goal with ...
HPE posts huge earnings beat thanks to AI servers, sending its stock skyward
Hewlett Packard Enterprise Co.’s artificial intelligence servers sold like crazy during its fiscal second quarter, powering the company to an impressive earnings and revenue beat, and the company’s stock soared in extended trading. For the quarter, HPE reported earnings before certain costs such as stock compensation of 79 cents per share, blowing away the Street’s ...
Alphabet unveils plan to sell $80B in shares to fund ongoing AI infrastructure buildout
Google LLC parent company Alphabet Inc. is seeking to raise a massive $80 billion in equity capital through a stock sale in an effort to bankroll the ballooning costs of its artificial intelligence infrastructure buildout. In a key endorsement of the plan, Warren Buffett’s Berkshire Hathaway Inc. has already agreed to throw in $10 billion ...
Nvidia gives developers the tools to build secure, autonomous AI workers that scale
Not content with just providing the infrastructure for the next generation of artificial intelligence agents, Nvidia Corp. is also providing the tools for developers to build them. At Nvidia GTC Taipei 2026, concurrent with the Computex conference, the company unveiled the latest iteration of its Agent Toolkit. It’s a comprehensive suite of software, open-source models ...
Nvidia ramps up production of Vera Rubin, the foundation of the next generation of AI factories
Nvidia Corp. said early Monday at the Computex conference in Taipei that it’s gearing up the production of its forthcoming Vera Rubin platform, which is set to become the foundation of a new generation of artificial intelligence factories that will dominate the enterprise infrastructure story for years to come. The company unveiled Vera Rubin for ...
With DGX Station for Windows, Nvidia squeezes 1 trillion-parameter AI supercomputer into a deskside form factor
Nvidia Corp. says it’s uprooting supercomputers from the vast, sprawling data center complexes they normally live inside and squeezing them into compact, desktop-sized workstations that can sit on or aside the desks of individual developers, researchers and data scientists. That’s the idea behind the new Nvidia DGX Station for Windows, which is said to be ...